10, BANK CLOSE, CHESTER, CH2 1PB - £291,500

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

10 BANK CLOSE is a midsized detached house of 108m², built sometime between 1967 and 1975. It was last sold for £291,500 in June 2014, which was around 10% above the average June 2014 detached price in the Cheshire West and Chester local authority area. The most recent EPC inspection was April 2014, where the current energy rating was D, and the potential energy rating was B.

10 BANK CLOSE Sold Prices

Land registry data shows two sales for 10 BANK CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Cheshire West and Chester local authority area for the corresponding sale date. One of the two 10 BANK CLOSE sales was for above the average price, whilst the other was for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2014 27 JUN	£291,500	£265,684	10% above HPI
2001 17 AUG	£117,500	£141,586	17% below HPI

10 BANK CLOSE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Cheshire West and Chester local authority area over time, sourced from the HPI. The two 10 BANK CLOSE sales from August 2001 and June 2014 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the August 2001 sale was for 17% below the HPI. So the extrapolation line tracks at 17% below the HPI over time, until the June 2014 sale, where it rises to 10% above the HPI. The line then continues to track at 10% above the HPI.

What might 10 BANK CLOSE be worth now?

10 BANK CLOSE might now be worth an estimated £467,828.

This is based on house price inflation of 60.5%, between June 2014 and December 2024, for detached houses, in the Cheshire West and Chester local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 60.5% inflationary increase is applied to the most recent sale price for 10 BANK CLOSE of £291,500 on 27th June 2014. For the value to have increased from £291,500 to £467,828 over the nine years and six months to December 2024, the following assumptions must hold true:

• The value of 10 BANK CLOSE has moved in line with the HPI for detached houses in the Cheshire West and Chester local authority area.
• The June 2014 sale price of £291,500 represented a fair market value for the property.
• The size, condition, and specification of 10 BANK CLOSE has not materially changed since June 2014.

How Large is 10 BANK CLOSE?

10 BANK CLOSE is 108m² according to the EPC inspection conducted in April 2014. This puts it in the smallest 50% of detached houses houses in Chester, based on EPC data. The below chart shows the distribution of detached houses houses by size in Chester, and where 10 BANK CLOSE lies on this distribution: 42% of detached houses houses are smaller than 10 BANK CLOSE, and 58% of houses are larger. Note that EPC data is not available for all properties in Chester.

10 BANK CLOSE: Plot and Title Map

10 BANK CLOSE sits on a plot of roughly 0.122 of an acre, or 493m². The below map shows the location of 10 BANK CLOSE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 10 BANK CLOSE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 10 BANK CLOSE?

10 BANK CLOSE is located in CHESTER, in the CH2 postcode district. The below map shows the position of No. 10 on BANK CLOSE.